Cyberpark Kannur to take off on February 19

Tvm: Chief Minister Shri V S Achuthanandan will lay the foundation stone for the Cyberpark at Kannur on February 19, 2011. This will be the third Cyberpark in the Malabar region after Cyberpark Kasargod and Cyberpark Kozhikode.

Talking to Kerala IT News, Binu Pazhoor, CEO, Cyberpark said, “All the arrangements for the launch programme is in place and we hope it will be a grand success. Cyberpark will add another feather to the infrastructure development initiatives in Kannur. It will act as a catalyst for more growth in the region. In addition to providing the infrastructure for IT and ITES-based industries, Cyberpark Kannur is also expected to attract other investors for residential, commercial, educational and healthcare-related projects in and around the region. Kannur is expected to witness huge infrastructure development over the next 10 years and at no doubt will be one of the most sought-after destinations for any kind of investment”.

Cyberpark Kannur will come up on 25 acres of Special Economic Zone (SEZ) notified land in Eramom village near Taliparamba. The master plan for the IT park and the design of the first IT Building with a built-up area of 50,000 sq. ft has been finalised. The park is expected to provide direct employment to about 20,000 IT professionals and the indirect employment will be about four times this number.

The Cyberparks at Kannur and Kasargod will come up as spokes of the Cyberpark at Kozhikode. This programme was initially planned for January 15, 2010 but was postponed in the wake of the Sabarimala tragedy.